India Most Favored Investment
Destination
A Bank of America (BoA) study found
that the average inflow into Indian
bonds, equities, and loan vehicles
increased 158.4% more than thrice
the emerging world average of 40.3%
as corporate investments was pegged
at USD 19.3 billion in 2005.<More>

Most Sought IT Talent, Quality
Concerns
A recent international survey found
that India to be the top destination
for global Information Technology
companies’ hiring but also said that
India had slipped below China and
Eastern Europe where companies
planned to start operations next 3
years.<More>

Democracy, Politics and
Judiciary

Judiciary Accountability Law
The Federal Cabinet approved in principle to introduce a Judges (Inquiry)
Bill 2006 aimed at making High Court (HC) and Supreme Court (SC) judges
accountable for actions inconsistent with their position including
corruption charges and incapacitation.<More>

Govt Survey Finds 41% OBC
The Government’s premier statistical body found that India has 41.1%
population belonging to the Other Backward Classes (OBC) and not 52% as
asserted by the Government wanting to create a vote-bank by granting them
reservation in premier educational institutions.<More>

Environment, Health and Education

GHG Consequences Dangerous
UN Secretary General Kofi Annan told a conference on
climate control in Nairobi that it is far less expensive
to cut greenhouse gasses (GHG) than “deal with the
consequences later” and implored nations “Let no one say
we cannot afford to act.”<More>

Clean Projects Disagreement
Nations attending the 12th Conference of Parties on
Climate Change (COP12) seemed to be angry at the
lop-sided award of Clean Development Projects (CDP) part
of the Kyoto Protocol to India, China, and Brazil.<More>

Terrorism, Defense, Security and Science &
Technology

Anti-Terror Mechanism
India and Pakistan have agreed to set up a joint
anti-terror mechanism which would include
“regular and timely sharing of information” as
Pakistan promised to “look into” evidence
presented by India of cross-border links.<More>

Al-Qaeda Nuke Plot Targets UK
Continuing with a series of briefings, British
intelligence officials said that they are
convinced that the al Qaeda is planning a
nuclear attack on the UK and cited “an awful lot
of chatter” on jihadi websites to bolster their
claim.<More>

Neighbors

China Wants Arunachal
Days before the visit of Chinese President Hu Jintao,
its Ambassador to India has said that his nation wants
the entire state of Arunachal Pradesh even as the joint
working group (JWG) scheduled November 9-10 was called
off because of other disagreements.<More>

Bangla Blockade Called Off
Even though Bangladesh President Iajuddin Ahmed failed
to prove his constitutional neutrality, the 14-party
coalition led by Awami League leader Sheikh Hasina said
that they would call of the blockade “in view of public
sufferings” till next Sunday.<More>

World

Nuke Deal Listed Top Priority
With President George Bush, Republican
leaders, and prominent Democrats voicing the
importance, the Indo-US Civilian Nuclear
Deal may be taken up in a couple of days by
the Senate even as supporters and opponents
stepped up lobbying to suit their agenda.<More>

Lebanese Political Crisis and West Asia
The resignation of 5 Shiite Ministers from
the Lebanon Government increased regional
tensions across sectarian and religious
lines and the US Government (USG) applauded
an Argentinean court branding the Hezbollah
“global nexus of terrorism.”<More>

With President George Bush, Republican
leaders, and prominent Democrats voicing the
importance, the Indo-US Civilian Nuclear Deal
may be taken up in a couple of days by the
Senate even as supporters and opponents stepped
up lobbying to suit their agenda.